Quantstamp To Launch Smart Contract Audit Solution

October 1822:232017

Vancouver, BC –Quantstamp is pleased to announce the launch of its eponymous smart contract audit solution, which is “the first scalable security-audit protocol designed to find vulnerabilities in Ethereum smart contracts.”

Staffed by an all-star, industry-savvy, and PhD-holding team of engineers and software experts, the company is helmed by an elite blockchain industry advisory board, which, acknowledging the need for secure, scalable, and cost-effective contract auditing, developed the company’s proprietary auditing protocol, addressing the most common issues associated with the auditing process. A true pioneer in its field, Quantstamp is set to rock the boat in the cryptocurrency world, with its contract auditing network’s release being highly anticipated by industry professionals and cryptocurrency traders alike.

Connecting users, developers, and investors in a transparent and scalable proof-of-audit, the Quantstamp network enables automated checks on smart contract vulnerabilities, providing Quantstamp token bounties to bug verifiers, and prioritizing maintaining transparency throughout all network-associated processes. The platform’s tokens allow for its decentralized and fully-scalable operation, which, in turn, “delivers computation fees to verifier nodes”, as well as the aforementioned rewards to those community members that have actively identified bugs.

Speaking of the company’s unique take on the concept of contract auditing, Mr. Richard Ma, Quantstamp’s co-founder, said that “Our vision for auditing is simple: more automation, higher security, and lower cost.” He continued, “We believe in the future of smart contracts and are building a foundational technology to protect users and investors – with scalable proofs-of-audit.”

The official repo for Quantstamp security tokens can be viewed, at all times, on Github. Those wishing to join Quantstamp’s Whitelist can do so by following the guidelines outlined here.

Quantstamp is set to take part in a number of upcoming industry events, including the World Blockchain Summit in Dubai, UAE, October 24th-October 25th, 2017; as well as the 2017 Asia Digital Asset and Blockchain Congress in Shenzhen, CH, November 9th– November 10th. More information about the company’s participation in future events will be shared through its website.

Quantstamp will announce all pertinent information with regards to its contract audit solution’s development, as well as the company’s expansion, in future communications with the press.